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Aritzia Inc. (ATZ.TO) +20.4%
Shares of Aritzia increased roughly 19 per cent on Thursday after the company released its third quarter fiscal 2022 results. The company reported a 63 per cent increase in revenues to $453 million, from $278 million the prior year. Net income more than doubled to $65 million, from $31 million in 2020, driven by the growth in the top line. Aritzia designs, and sells apparels and accessories for women and is based in Vancouver, B.C. Its brands include Wilfred, Babaton and TNA.
Cenovus Energy Inc. (CVE.TO) +7.4% The price of West Texas Intermediate, an oil benchmark, increased from $78.23 on Monday to $81.71 on Thursday. The increase was enough to boost the share price of Cenovus Energy roughly four per cent by end of day Thursday. Cenovus develops, produces and markets crude oil, natural gas liquids and natural gas. In its third quarter […]
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